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Sep 25, 2012
09/12
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in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] >>> welcome back. the nfl has an official mess on its hands after a very controversial game-ending call made. brian shackma
in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both...
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Sep 28, 2012
09/12
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china, energy and national security. president obama has just revoked a chinese-owned company called ralz corporation to divest its interest in wind farms. the president cites unspecified national security risks as the reason for blocking that deal. >>> let's take a little sunshine into the show. the diagnostic testmaker ceo telling our own jim cramer about the advertising promotions of the in-home hiv test and efforts to -- it's the first over-the-counter self-administered test for the virus that causes aids. it was approved by the u.s. health regulators back in july. i remember we did it on our street talk here on "street signs". >> well now for our disaster dus? jour. a company called adtran. broadband company. ethernet switches, routers, et cetera. that stock taking a big hit today. they cut their forecast in a big way. that's about half of what wall street was expected. downgraded to underperform at bank of america-merrill lynch with a target of 15 bucks. so mandy, another 2.25 down side here. >> downright scary sig
china, energy and national security. president obama has just revoked a chinese-owned company called ralz corporation to divest its interest in wind farms. the president cites unspecified national security risks as the reason for blocking that deal. >>> let's take a little sunshine into the show. the diagnostic testmaker ceo telling our own jim cramer about the advertising promotions of the in-home hiv test and efforts to -- it's the first over-the-counter self-administered test for...
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Sep 27, 2012
09/12
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then of course we also moved up with the energy stocks, the whole complex moved up on the weaker dollar. >> and we have -- thank you, bob. we have an out performance on tech stocks. certainly at the nasdaq. sima mody has more on that this lunch time. >> seeing somewhat of a relief rally in tech this morning. and that's partly thanks to apple, sheeg a relief rally in apple after three days of ending in negative territory. even today ubf cutting its iphone estimates yet reaffirming its buy rating on apple, shares up 2%. google continuing its ride higher, celebrating its 14th birthday, and also evercorps gifting goog well a price target increase. stock up about .2%. also want to point your attention to research in motion, earnings after the bell, so we continue to watch the stock. and yahoo. google today reinstating coverage on the stock with a buy rating. back to you, simon and sue. >> thank you very much. seema mody. two key reports out after the bell. we're going to get you ahead of the game on both of those when we look at nike next. rim also reporting. how much trouble are they in? ho
then of course we also moved up with the energy stocks, the whole complex moved up on the weaker dollar. >> and we have -- thank you, bob. we have an out performance on tech stocks. certainly at the nasdaq. sima mody has more on that this lunch time. >> seeing somewhat of a relief rally in tech this morning. and that's partly thanks to apple, sheeg a relief rally in apple after three days of ending in negative territory. even today ubf cutting its iphone estimates yet reaffirming...
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Sep 28, 2012
09/12
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energy stocks. tech stocks. whole swaths are up not necessarily any particular sector winning or losing. what about the rest of the world? the theory the rest of the world is going to collapse? that hasn't happened. germany has out performed the s&p. germany is up 13% this quarter. we're up 2.9%. brazil is up 10%. spain is up 9%. whole swaths of the global stock markets are doing better than the united states. like i said, it's about the central bank intervention. end game may be different. not getting into the morality of this. i'm just pointing out what the numbers are saying. two theories have been wrong so far. let me make a quick comment about what's going on in spain. we'll get the results of this so-called bank audit done about 14 banks to try to figure out how much they need to recapitalize. we all know the numbers are going to be wrong. the numbers $40 billion, 60 billion euro. ludicrous number. they're going to create bad banks where they'll sequester most of the toxic assets. does this make a lot of s
energy stocks. tech stocks. whole swaths are up not necessarily any particular sector winning or losing. what about the rest of the world? the theory the rest of the world is going to collapse? that hasn't happened. germany has out performed the s&p. germany is up 13% this quarter. we're up 2.9%. brazil is up 10%. spain is up 9%. whole swaths of the global stock markets are doing better than the united states. like i said, it's about the central bank intervention. end game may be different....
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Sep 28, 2012
09/12
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he is talking about more green energy spending. that's the difference between him and clinton. >> appreciate that. what i'm saying is if you don't like the same as it ever was, let's have a conversation about the bush years if we are going to talk about what worked and didn't work, bush's policies did not work. if you don't believe me, look at the 4.5 million jobs. >> what do you mean? >> 2008 until january 2009, we lost 4.5 million jobs. >> do you know over the same time span that bush created more jobs. the bush recovery created more jobs than the obama -- >> what was -- >> even though the recession was much milder,crea more jobs than obama did. using the obama metric. listen, i know this is stunning because you watch the democratic national convention and heard those numbers over and other own. over the same time period. >> here's where i got my facts. >> let me finish. >> go ahead. >> over the same time period, the same way that the obama campaign measures job growth bush created more jobs. that's a fact. private sector jobs. >
he is talking about more green energy spending. that's the difference between him and clinton. >> appreciate that. what i'm saying is if you don't like the same as it ever was, let's have a conversation about the bush years if we are going to talk about what worked and didn't work, bush's policies did not work. if you don't believe me, look at the 4.5 million jobs. >> what do you mean? >> 2008 until january 2009, we lost 4.5 million jobs. >> do you know over the same...
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Sep 28, 2012
09/12
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. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> welcome back to the halftime report. i'm jackie deangelis. up more than 8%. take a look at that chart. posted its third straight kwaerlly loss. but beating expectations. also saying it increased subscriber base. lots of conversation on the network today about this whether it's up for sale. also lots riding on blackberry 10. >> thank you. pete, what would you do with this here? >> take advantage of the pop and remove some of it it and replace it with upside options. in case somebody has interest in this. but when people are talking about the 10 version, this doesn't come out until this coming year. it's still into the future. when you're talking about are they the apple killer, no, they compete with the rest of the hand sets. >> this
. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> welcome back to the halftime report. i'm jackie deangelis. up more than 8%. take a look at that chart. posted its third straight kwaerlly...
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Sep 27, 2012
09/12
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it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> nasa's curiosity rover makes a big discovery, an ancient rock on mars. jackie deangelis joins us with more on that and all the latest breaking headlines. >> well, a fast moving stream on mars. yes, say nasa scientists. when curiosity bounced down on the red planet and deployed its cameras, it found evidence that a stream once ran across the area where the rover is moving. the rock images are the first evidence of ancient streamed gravel. scientists estimate that the water was between ankle and hip deep. meantime california governor jerry brown signed a law barring employees and universities from asking applicantses for their social media screen names and i.d.s. meantime google by the way cel
it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> nasa's curiosity rover makes a big discovery, an ancient rock on mars. jackie deangelis joins us with more on that and...
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Oct 2, 2012
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upgrading comstock resources and devon energy, noting notice belief that, "the u.s. natural gas market fundamentals already gone substantial structural "" -- do you like the call or not? >> i live in the center of marsellus gas. >> you do. >> i they are producing below the cost of goods sold. i don't like that i don't see a change in that . >> don't like two you do like one. i like you because you disagree. >>> next hour, remember the datson? we are going to look at the rebirth of the car on the cheap. but there's a catch. the new datson, next hour. accolade overdrive. zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. >>> we are back on "power lunch." watching shares of ancestry.com. check out this chart, spiking on talks that buyout talks have resumed, a report from bloomberg but down on th
upgrading comstock resources and devon energy, noting notice belief that, "the u.s. natural gas market fundamentals already gone substantial structural "" -- do you like the call or not? >> i live in the center of marsellus gas. >> you do. >> i they are producing below the cost of goods sold. i don't like that i don't see a change in that . >> don't like two you do like one. i like you because you disagree. >>> next hour, remember the datson? we...
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Oct 2, 2012
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putting us in control of our energy future, now. attention, owner of the light blue smart with the blackish-blue frame and the white dots and the splattered paint pattern, your lights are on. what? [ male announcer ] the endlessly customizable 2013 smart. >>> i'm bill griffeth. on closing bell, three huge interviews, former ceo carol bartz joining us, find out if her successor, melissa mayer, can turn around the >> can and new tar kentz vowing to double the revenue the next decade for coca-cola. he will lay out the strategy for the goal and don't want to miss the rare and exclusive interview with the oracle himself, ceo larry emson. find out how he is planning to dominate the cloud and yes, sir going on that personal property buying spree. owns an island, owns now most of malibu. all that and more. maria still in san francisco, i'm still in new york. more at the top of the hour. >>> the comeback in cars, auto sales continuing to be a sign of hope in the u.s. economy phil la superbowl behind the wheel for us. i want to ask you, look
putting us in control of our energy future, now. attention, owner of the light blue smart with the blackish-blue frame and the white dots and the splattered paint pattern, your lights are on. what? [ male announcer ] the endlessly customizable 2013 smart. >>> i'm bill griffeth. on closing bell, three huge interviews, former ceo carol bartz joining us, find out if her successor, melissa mayer, can turn around the >> can and new tar kentz vowing to double the revenue the next...
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Sep 25, 2012
09/12
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in fact, it makes sense to leave some manufacture energy china because american corporations sell not just to the chinese but to many countries around china. and even -- >> if you don't sell -- ann -- sell in the chainal in market -- >> can i just finish -- >> -- here in the united states. >> no, because let me just tell you. >> we have got to bottom line this. let finish my point, okay? because the corporations will look at their total cost and even though chinese labor is going up, the total cost to manufacture a lot of things is still lower there because china has a very developed infrastructure and so in order to get those goods to places like indonesia or india or any other places, it would be much cheaper to do it from china than to be shipping it all the way from the u.s. or mexico. >> right. >> two words, geopolitical risk. >> ann and peter -- >> geopolitical risk. >> we are going to get you two back on because we always love a good fight here on "street signs." thank you so much. >> sullivan family thanksgiving there, guys. thank you very much. >>> l on deck, we are on the hu
in fact, it makes sense to leave some manufacture energy china because american corporations sell not just to the chinese but to many countries around china. and even -- >> if you don't sell -- ann -- sell in the chainal in market -- >> can i just finish -- >> -- here in the united states. >> no, because let me just tell you. >> we have got to bottom line this. let finish my point, okay? because the corporations will look at their total cost and even though chinese...
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Sep 26, 2012
09/12
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then the report from the energy department showing gasoline demand went down but it was distillate demand that went down sharply. down over 8%. that lets you know there are big demand concerns as well weighing on the price of crude. in terms of gasoline, it spiked around 11:30 after reports of a refinery explosion in canada at irving refinery. this is one of the largest refineries in mother america. 300,000 barrels per day adding to the issues we have been talking about that put tightness in the gasoline market over a period of time. this spike of 11 cents we saw in gasoline futures was most pronounced in the front month contract. we are seeing a big amount of price action in the spreads. keep an eye on november and december gasoline contracts as well. >> to politics now. as we mentioned president obama and mitt romney hitting the spring state of ohio in duelling events. the president speaking ott bowling green university. governor romney in bedford heights, pushing his economic plan to business leaders there. the polls show the president is holding a lead in the state. cnbc's chief washi
then the report from the energy department showing gasoline demand went down but it was distillate demand that went down sharply. down over 8%. that lets you know there are big demand concerns as well weighing on the price of crude. in terms of gasoline, it spiked around 11:30 after reports of a refinery explosion in canada at irving refinery. this is one of the largest refineries in mother america. 300,000 barrels per day adding to the issues we have been talking about that put tightness in...
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Oct 1, 2012
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one is for a clean, domestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> board of xstrata finally recommends glencore's offer, but with important conditions on renum race. eurozone pmi points to a fresh recession. and shares in banco popular have resumed trade and they have fallen sharply after the banks announced a 2.5 billion euro rights issue. president obama continues to maintain his lead over mitt romney with two days before their first debate and 35 days before the election. new poll shows 49% of likely voters favoring the president versus 47% for romney. amongst all registered voter, obama holds a 5 point lead. but 52% of likely voters across key swing states favor the president. you'll be abl
one is for a clean, domestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> board of xstrata finally recommends glencore's offer, but...
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Sep 28, 2012
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so materials and energy stocks usually have a tough day when the dollar is stronger. that's what's happening today, sue. >> good to see you, bob. see you later. ty, back to you. >> thank you very much. >>> wall street focused on madrid and the middle west. odd bed fellows you might say. but maybe not so much the midwest because of bad chicago pmi numbers. madrid because the spanish bank stress test wasn't so stressful, wasn't so awful after all. welcome to both of you. i want to know why the focus would be more on spain today than perhaps even on the midwest pm ikz or the chicago pmi. but you have some news you want to break. >> real quick the financial oversight council putting out a statement at 1:00 basically saying they will take up this very thorny controversial issue of money market regulation in november. what they did today is they directed their staff to present recommendation, at the november meeting for how to remove the systemic risk that they believe is created by money markets. the s.e.c. dropped the effort because they couldn't get the commissioners to
so materials and energy stocks usually have a tough day when the dollar is stronger. that's what's happening today, sue. >> good to see you, bob. see you later. ty, back to you. >> thank you very much. >>> wall street focused on madrid and the middle west. odd bed fellows you might say. but maybe not so much the midwest because of bad chicago pmi numbers. madrid because the spanish bank stress test wasn't so stressful, wasn't so awful after all. welcome to both of you. i...
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Oct 2, 2012
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they don't worry about whether it's generated by coal or solar or wind or how the energy is created. they ignore that. that's handled by the electric service provider. they don't have to make huge investments in creating more electricity. it's all done as a service. computing is now being offered for the first time, if you will, over the last few years as a service in the cloud. it means the consumers don't have to get bogged down with the complexity of computing. they don't have to make a huge capital investment. they just plug n run their applications. >> tell me about the world today. there's a concern that things are slowing, not just at oracle, but throughout business because of the global slowdown. that's what we saw in the latest earnings release that you reported. and there's a change in terms of data. data has changed. and you've got to keep up with this changing data coming from all sorts of mobile devices, et cete cetera. tell me about business right now around the world. what are you seeing? >> actually, our business is fairly good. i know in reported u.s. dollars, our re
they don't worry about whether it's generated by coal or solar or wind or how the energy is created. they ignore that. that's handled by the electric service provider. they don't have to make huge investments in creating more electricity. it's all done as a service. computing is now being offered for the first time, if you will, over the last few years as a service in the cloud. it means the consumers don't have to get bogged down with the complexity of computing. they don't have to make a huge...
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Oct 2, 2012
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energies and energy efficiency. many aspects to it. >> other stories today, a bid to prevent another financial crisis, the review led by bank of fin len governor is expected to call for a separation of retail and investment operations. the report will also call for bonuses to be paid in debt. we'll hear from the central bank later today. meanwhile steve hester has called for banks to readjust back to a more customer focused approach. speaking at the london school of economic, he said lenders need to restore good customer service to regain trust of the public and rbs is the poster child for what went wrong in banking. and eric snyderman is suing jpmorgan. the suit partly the result of a federal mortgage task force formed in january. investors lost around $22 billion and more than 100 securities. jpmorgan says the suit involves actions taken at the behest of the u.s. government. jpmorgan stock closing up 1.2%. and "new york times" says u.s. senate will try to use the lame duck session to reach a comprehend len sif dea
energies and energy efficiency. many aspects to it. >> other stories today, a bid to prevent another financial crisis, the review led by bank of fin len governor is expected to call for a separation of retail and investment operations. the report will also call for bonuses to be paid in debt. we'll hear from the central bank later today. meanwhile steve hester has called for banks to readjust back to a more customer focused approach. speaking at the london school of economic, he said...
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Oct 3, 2012
10/12
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one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> welcome back, everybody. the economy obviously front and center this week with the jobs report coming out on friday. our guest host this morning runs a company that has several economic indicators all rolled into one. joining us for the remainder of the show with his take on the markets and what's happening in corporate america is jim tisch, and jim, it's great to have you here onset. we were just talking about how you have a lot of different things that really give you a good idea of what's happening in the economy. diamond offshore, what's happening from an energy perspective, you have the luxury hotels there, the insurance li
one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> welcome back, everybody. the economy obviously front and...
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Sep 25, 2012
09/12
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and it is also extremely low energy. >> it is extremely low energy. we were talking during the break and i want to get your last thoughts on the issue which is facebook. you made the argument during the last segment mark zuckerberg who always reprice his shares. i said doesn't that feel a little icky? >> well, in this case, i actually think over a period of time i don't think that's wrong. let me finish, the entire business reset. if you just reprice options literally to give your employees a better shot than the people who bought the stock retail i think that's immoral but if in fact you have a situation where the entire thing has reset then i think it's rational to do so. as a general practice i think it's horrible. >> at facebook's stock right now you're a buyer? >> yes. i'm a buyer because i don't buy but yes, would i buy so i were so buyingly inclined, yes. >> let's talk about the book publishing business, just a week ago you decided to up-end the business with a new company, getting your business with scott ruden, to create a new electronic book
and it is also extremely low energy. >> it is extremely low energy. we were talking during the break and i want to get your last thoughts on the issue which is facebook. you made the argument during the last segment mark zuckerberg who always reprice his shares. i said doesn't that feel a little icky? >> well, in this case, i actually think over a period of time i don't think that's wrong. let me finish, the entire business reset. if you just reprice options literally to give your...
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Sep 27, 2012
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putting us in control of our energy future, now. my name is adam frucci and i'm the editor of splitsider.com. i love new technology, so when i heard that american express and twitter were teaming up, i was pretty interested. turns out you just sync your american express card securely to your twitter account, tweet specific hashtags, and you'll get offers on things you love. this totally changes the way i think about membership. saving money on the things you want. to me, that's the membership effect. nice boots! >>> more than half of teenagers today are walking around with smartphone as cording to one study. so perhaps it was only a matter of time before a technology came along that would help parents turn smartphones into a teen watchdog. joining us is omar khan. a new tool being launched today. omar, great to have you with us. i'm sure a lot of parents' ears are perking up right about now to hear the details. how much does this cost and what does it do? >> well, it's a product we're launching today here on cnbc called family guard
putting us in control of our energy future, now. my name is adam frucci and i'm the editor of splitsider.com. i love new technology, so when i heard that american express and twitter were teaming up, i was pretty interested. turns out you just sync your american express card securely to your twitter account, tweet specific hashtags, and you'll get offers on things you love. this totally changes the way i think about membership. saving money on the things you want. to me, that's the membership...
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Oct 1, 2012
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let's check out the latest moves in energy and metals. sharon at the nymex. >> the momentum here definitely in the metals market. i'm standing in the gold pit. gold prices went above $1,794 an ounce. a lot of investors may have looked at the s&p 500's returns, that's decent. but gold up over 10% in the last quarter. silver up over 25% in the last quarter. they want some more of that in the fourth quarter. and we're looking at that here in the metals market. also looking at momentum taking over, the weak sentimental data out of china in terms of the oil price. the oil prices here are a little bit of a bid for oil. the fact that they lowered a mix a little while ago before the open on the weak data out of china on their manufacturing numbers. in terms of the biggest mover here in the commodities space, definitely it is natural gas. natural gas at a ten-month high. natural gas here above 3.40. some are saying that $3 gas is sustainable here even if we don't see the same focus on coal to gas switching. still going to see higher natural gas pr
let's check out the latest moves in energy and metals. sharon at the nymex. >> the momentum here definitely in the metals market. i'm standing in the gold pit. gold prices went above $1,794 an ounce. a lot of investors may have looked at the s&p 500's returns, that's decent. but gold up over 10% in the last quarter. silver up over 25% in the last quarter. they want some more of that in the fourth quarter. and we're looking at that here in the metals market. also looking at momentum...
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Oct 3, 2012
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prices and energy really is the story in the commodities market today. look at the $3 slide in crude oil and a lot has to do with the demand outlook. traders are focused on what is coming out of asia. news about china's pmi services data was weak then expected, but really it's what the asian development bank had to say about emerging asian nations and the gdp growth forecast that they have for them. they rationed down their expectations for 2012 and 2013. this is supposed to be the engine of growth, the engine of demand for crude oil and for other industrial commodities. if it's not there, what's going to happen, we'll see perhaps an even further slide here in oil prices. we also got data from the u.s. energy department and that also was a bit of a surprise in terms of the supply side. but in terms of demand, continuing to see anemic demand in terms of gasoline demand, down 2.5% versus a year ago. and this is already as we're getting the slide to the winter grade of gasoline. so since that rollover, we have seen a steady slide in gasoline futures. the on
prices and energy really is the story in the commodities market today. look at the $3 slide in crude oil and a lot has to do with the demand outlook. traders are focused on what is coming out of asia. news about china's pmi services data was weak then expected, but really it's what the asian development bank had to say about emerging asian nations and the gdp growth forecast that they have for them. they rationed down their expectations for 2012 and 2013. this is supposed to be the engine of...
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Sep 26, 2012
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but the real picture is the department of energy. their inventory, if you look at at the tall stocks for the five-year seasonal average, is sitting right around 370 million barrels. that's their inventory. the five-year seasonal average is down about 325, so we're 10% over. remember last week we had a build of 8.5 million barrels. this week we're expecting a build of two million. if you see in about an hour when oil prices and the d.o.e. releases their stocks, you'll probably see oil take that next leg lower. >> let's switch gears and talk about gold as well as silver, for that matter. silver has been handily outpacing gold this year, so i'm wondering if traders are seeing the silver trade having more upside. granted, it's a less liquid market. but maybe going into the final quarter of the year, that's the bet that's in place. >> the silver trade has rallied about 20% in the last two months. it is technically an industrial metal. it has gotten a boost because of the qe hype. traders are thinking that that's the cheap metal to get int
but the real picture is the department of energy. their inventory, if you look at at the tall stocks for the five-year seasonal average, is sitting right around 370 million barrels. that's their inventory. the five-year seasonal average is down about 325, so we're 10% over. remember last week we had a build of 8.5 million barrels. this week we're expecting a build of two million. if you see in about an hour when oil prices and the d.o.e. releases their stocks, you'll probably see oil take that...
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let's check out the latest news in energy. let's go to sharon with the latest. >> oil prices are unchanged on either side of positive and negative territory here for wti prices as traders digest the data on manufacturing. from china yesterday not so great. u.s. manufacturing data a little bit better. then we have to wait and see what the supply data will hold from the energy department when they report tomorrow and in the american patrols tonight. in terms of natural gas, we saw natural gas rise above the 3.50 level, but fdr capital mark says look for nat gas to get to $4.50 in to 13. they expect that to be the price to incentivize drilling and because of the supply and demand fundamentals. in terms of what we are seeing for the gold price, we are looking at a little bit of a pull-back and profit taking and consolidation after hitting a new high there for the year of 1794 in the previous session. central banks will be the key focus. back to you. >>> sharon epperson there. we are talking off camera about bill actman's appearanc
let's check out the latest news in energy. let's go to sharon with the latest. >> oil prices are unchanged on either side of positive and negative territory here for wti prices as traders digest the data on manufacturing. from china yesterday not so great. u.s. manufacturing data a little bit better. then we have to wait and see what the supply data will hold from the energy department when they report tomorrow and in the american patrols tonight. in terms of natural gas, we saw natural...
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it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> third quarter draw to go a close. joining us adam parker, equity strategy yis. we had kashkari on yesterday and when he comes on and the market's weak, i say you knew this. and then when it moves a lot ands's gone the other way, you really -- that was a missed call. we can do the same with you. depends on what day. you have been worried about a lot of things with the market. europe, all these headwinds. but just talking off camera, if the fed is going to give a 40 billion a month again in an economy that doesn't seem that bad, all bets are off. how do you try to gauge where the stock market is going? >> once i became master of of the market on cnbc, everything i said started to be incorrect.
it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> third quarter draw to go a close. joining us adam parker, equity strategy yis. we had kashkari on yesterday and when...
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domestic, abundant, clean energy to power our lives... that's smarter power today. >>> welcome back. today marks the first day of the trading quarter. with the s&p up more than 14% year-to-date, can we expect to see profit-taking or will the gains continue? joining success jeremy siegel, professor of finance at the wharton school of the university of pennsylvania. professor siegel by the way is also the author of the book "stocks for the long run" and jeremy great to see you this morning. >> good morning. >> so here we go, the start of the fourth quarter and i know you've made bullish predictions of dow 15,000 and dow 17,000. where do you stand right now? >> i'm still with those predictions. those are for the end of 2013, remember, not for the end of this year. actually, if we're talking about this quarter, i think the most important event is not going to be on the election day, it's going to be after the election day, as the fiscal cliff gets nearer and nearer, and i think the resolution of that one way or the other is going to be the ma
domestic, abundant, clean energy to power our lives... that's smarter power today. >>> welcome back. today marks the first day of the trading quarter. with the s&p up more than 14% year-to-date, can we expect to see profit-taking or will the gains continue? joining success jeremy siegel, professor of finance at the wharton school of the university of pennsylvania. professor siegel by the way is also the author of the book "stocks for the long run" and jeremy great to see...
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Sep 28, 2012
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it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ [ male announcer ] introducing a reason to look twice. the entirely new lexus es and the first-ever es hybrid. this is the pursuit of perfection. >>> guess what, everybody? the real refs are back. nfl referees returned to work last night after a labor dispute kept them off the job for the first three weeks of the season. the refs got a standing ovation. tipped their hat to the crowd as they heard from them as they took the field for the browns/ravens game for thursday night football. nfl commissioner roger goodell said the botched call at the end of seahawks/packers game was only wup of many factors to get the two sides to end the dispute. and the ravens actually defeated the browns 23-16. joe f
it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ [ male announcer ] introducing a reason to look twice. the entirely new lexus es and the first-ever es hybrid. this is the pursuit...
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Oct 2, 2012
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like solar energy or wind energy, we have agricultural output that we don't take advantage of, so there are ma so many resources and opportunities in greece, it's not a matter of the private sector doing poorly or a lack of resources, but it's rather how the state is operating, we have a big public sector as you know, we have tax evasion and we have no privatizations. if we change these things if we're not a state controlled economy but instead a private controlled economy we can see a different picture and to me by staying in the european union this is where we should concentrate. it's not how much you value the currency or you divide the labor cost but what kind of economy you are, where you wish to go. >> that's similar to the debate we seem to be having here in the united states. thanks so much for joining us this morning and congratulations on your deal and good luck with it. >> thank you very much. >> thanks for playing, sam. that was helpful. good to have you on the set. >> just look at that shot, crumbling infrastructure everywhere. they've neglected things for -- >> thousands o
like solar energy or wind energy, we have agricultural output that we don't take advantage of, so there are ma so many resources and opportunities in greece, it's not a matter of the private sector doing poorly or a lack of resources, but it's rather how the state is operating, we have a big public sector as you know, we have tax evasion and we have no privatizations. if we change these things if we're not a state controlled economy but instead a private controlled economy we can see a...
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. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ we've got to think long term. we've got to think long term. customer erin swenson bought so, i'm happy. today. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investmen
. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ we've got to think long term. we've got to think long term. customer erin swenson bought so, i'm happy. today. sales go up... i'm happy. it went out...